Allegheny Technologies announced that it's selling its tungsten material business to Kennametal for $605 million. The business generated EBITDA of $45.3 million in 2012. We're still digging into the details, but we

company’s annual sales) sectors have been hit particular hard relative to other sectors. MSC’s largest customer Kennametal KMT noted that its order rate on a rolling three-month average for the first-two months of the calendar first-quarter

initiated earlier in the year are leading to significant positive operating leverage. Detractors Machine tool manufacturer Kennametal , Inc. declined along with other cyclical companies in the industrials sector due to fears of global economic weakness

We're dropping coverage of Kennametal KMT. The company is coming off a record third quarter, and ..... in industrial production will lead to increased activity in Kennametal 's end markets, resulting positively on earnings and free

In addition, the company reported strong earnings during the quarter and doubled its dividend. Machine tool manufacturer Kennametal , Inc. reported better sales and margins than analysts expected in the quarter, and management communicated increasing confidence